7 Us Highway 87, Comfort, TX

$500,000

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4,664

Square feet

2.12

Acres

About 7 Us Highway 87

**Investor Opportunity!** Fully occupied 8-unit multifamily property plus one income-producing RV space in Comfort, Texas. This turnkey investment provides immediate cash flow with approximately $93,900 in annual gross rental income. Long-term tenants, fully occupied, and month-to-month leases offer an established income stream along with flexibility for future management. Several units are currently leased below market according to the seller, creating a value-add opportunity through future rent adjustments as market conditions and applicable laws allow. Individual utility meters are already installed, providing the potential to transition from owner-paid utilities to tenant-paid utilities, subject to lease terms and applicable regulations. Situated on approximately 2.12 acres with 4,664 square feet of improvements, the property also offers potential for future development or expansion, subject to buyer verification of zoning and other applicable requirements. According to the seller, the property has not experienced flooding during their ownership. The property is located within a FEMA-designated floodway, and buyers should independently verify floodplain requirements, insurance availability, financing, and all property information during their due diligence.

Features of 7 Us Highway 87

MLS® # 1999997S
Price $500,000
Square Footage 4,664
Acres 2.12
Type Multi-Family
Sub-Type One Story
Status Pending
Has Pool No

Community Information: Comfort

Address 7 Us Highway 87
Area 2504
Subdivision OUT/COMFORT
City Comfort
County Kendall
State TX
Zip Code 78013

Interior of 7 Us Highway 87

Heating Central
Cooling Multi-Unit Central

Exterior of 7 Us Highway 87

Exterior Wood, Other
Exterior Features Not Applicable/None
Roof Metal
Foundation Basement, Slab

School Information

District Comfort
Elementary Comfort
Middle Comfort
High Comfort

Additional Information On 7 Us Highway 87

Days on Market 61
Zoning NONE
Foreclosure No
Short Sale No
Office Phyllis Browning Company
Office Info (210) 912-6290
RE / Bank Owned No

Property History

Status Changed from Active Option to Pending
Status Changed from Active to Active Option
Status Changed from New to Active

Map to 7 Us Highway 87, Comfort

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